Interim Financial Report
The Board of Triangle Energy (Global) Limited (ASX:TEG) is pleased to present the Interim Financial Report for the Company for the half year ended 31 December 2010.
Results Summary
- Net profit after tax of $1,842,966 during the half year
- Total gas production of 1,301.6 MMCF during the half year
- Total condensate production of 12,092 BBLs during the half year, increasing condensate inventories at 31 December 2010 to 21,483 BBLs.
- Down hole video surveys and work-over program development funded via production revenues.
- Continued progress towards achieving 20 year renewal of Pase PSC.
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